29 September 2025

Ithaca Energy plc ("Ithaca Energy" or the "Company")

Independent Non-Executive Director Appointment

Ithaca Energy is pleased to announce that Geraldine Murphy will be appointed as an Independent Non-Executive Director to the Board of Directors and as a member of the Health, Safety, Environment and Security Committee, with effect from 1 October 2025.

Geraldine has over 35 years of energy investment banking and M&A advisory experience, currently holding the position of independent non-executive director at Seascape Energy, an AIM listed Southeast Asian E&P business, as well as a senior advisor at TPH&Co, the energy business of Perella Weinberg Partners where she was a partner in the Investment Banking division and head of TPH International since 2017.

She was previously Global Head of Oil & Gas Advisory at Standard Chartered Bank and also served as Head of Corporate Finance Europe. Geraldine started her career as a geologist, before moving into energy advisory with Lovegrove & Associates, then CIBC World Markets as an Executive Director in Calgary and London. In 1999 she joined Harrison Lovegrove, an oil and gas advisory boutique where she led multiple landmark transactions. Geraldine holds a BSc. (Hons) degree in Geology and a MSc. in Petroleum Geology from University College Dublin. Geraldine was previously a non-executive director on the board of privately-held Impact Oil & Gas, a partner in the giant Venus discovery offshore Namibia.

Yaniv Friedman, Executive Chairman commented: "I'm delighted to welcome Geraldine to the Ithaca Energy Board. Her deep expertise in finance and M&A will be a tremendous asset as we continue to drive our growth strategy. The Board and I are looking forward to working with her."

The Company confirms that there is no other information to be disclosed under the requirements of Listing Rule 6.4.8R in relation to these appointments.

Assi Ginzburg will step down as a member of the Health, Safety, Environment and Security Committee following Geraldine's appointment.

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About Ithaca Energy plc

Ithaca Energy is a leading UK independent exploration and production company with a strong track record of material value creation. In recent years, the Company has been focused on growing its portfolio of assets through both organic investment programmes and acquisitions and has seen a period of significant M&A driven growth centred upon three transformational acquisitions in recent years, including the recent Business Combination with Eni UK. Today, Ithaca Energy is one of the largest independent oil and gas companies in the United Kingdom Continental Shelf (the "UKCS"), ranking second largest independent by production with the largest resource base.

With stakes in six of the ten largest fields in the UKCS and two of UKCS's largest pre-development fields, and with energy security currently being a key focus of the UK Government, the Group believes it can utilise its significant reserves and operational capabilities to play a key role in delivering security of domestic energy supply from the UKCS.

Ithaca Energy serves today's needs for domestic energy through operating sustainably. The Group achieves this by harnessing Ithaca Energy's deep operational expertise and innovative minds to collectively challenge the norm, continually seeking better ways to meet evolving demands.

Ithaca Energy's commitment to delivering attractive and sustainable returns is supported by a well-defined emissions-reduction strategy with a target of achieving net zero ahead of targets set out in the North Sea Transition Deal.

Ithaca Energy plc was admitted to trading on the London Stock Exchange (LON: ITH) on 14 November 2022.

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